Peter Schiff: Bitcoin's a Terrible Investment, Get Out Now
Crypto News Terminal21 Apr, 2024
Peter Schiff: Bitcoin's a Terrible Investment, Get Out Now
Peter Schiff, a well-known advocate for gold, is still skeptical of Bitcoin. Peter Schiff thinks Bitcoin is a terrible investment. He said that crypto influencers who are promoting Bitcoin are going to lose a lot of money in the future. Schiff believes that Bitcoin is not a viable alternative to fiat currency. He said that the only people who make money with Bitcoin are those who sell it. Previously on April 20, 2024, Schiff warned that holding Bitcoin is a big mistake. He said that the only people who get rich with Bitcoin are the ones selling it.